The following t-accounts are give for the month of October for a company that uses a job-order costing system. The company applies manufacturing overhead to jobs based on direct labor costs. Transaction (b) was made to record materials, (c) was made to record labor and (e) was made to apply overhead. Raw Materials Debit Credit 154.200 510.800 Balance (a) 0 (b) 164,500 10,300 Balance (b) (c) (e) Work In Process Debit Credit O 132,100 168,200 210,500 0 Manufacturing Overhead Debit Credit 22,100(e) 26.100 156,200 Finished Goods Debit Credit Balance 461,000 210,500 0 (9) 510.800 49,800 | (b) (c) (d) 6.100 Cost of Goods Sold Debit Credit (g) 461,000 Using the information in the t-accounts, answer the following questions in the space provided. If any calculations are required, show your work to receive any partial credit. 1. What was the amount of raw materials used in production? 2. How much indirect labor was incurred on the jobs in October? 3. Was overhead over or underapplied? By how much? 4. What is the amount of adjusted cost of goods sold? 5. Optional Bonus Question (1.5 extra points) What was the Predetermined Overhead Rate used by the company to apply overhead